US tech giant Apple Inc would not be able to meet up with expectations of the Wall Street in terms of its iPhone shipments in late 2019, said Goldman Sachs in a report. The market expects that the iPhone maker… Read More ›
Regulations & Legal
Swedbanks admits to money laundering
Investors are concerned over the involvement of U.S. authorities. A U.S. sanction on the bank could significantly hamper its ability to transact in the U.S. dollar. On Thursday, in a significant development that adds pressure to the business environment in… Read More ›
Harley Davidson Blames EU Tariffs For Drop In Profits, Trump Backs Harley
United States president Donald Trump has stood out in support of Harley Davidson motorbike maker by pledging to reciprocate against the so called “unfair” trade import duties imposed on the bikes of the company by the European Union The US… Read More ›
Why Are American Cars Not Successful In Japan
Japanese car brands such as Toyota, Nissan, and Honda are known to dominate the US market while the home grown brand fail to achieve similar standards. And on the converse, very few American made brand cars can be seen on… Read More ›
Tobacco Firm Owned Life Insurance Firm To Offer Rebate To Smokers Who Quit
A wholly owned subsidiary Reviti will be launched by Philip Morris International and the new company would offer smokers bonus for quitting smoking or switching to a product taht is less carcinogenic such as the vaping devices that are offered… Read More ›
Fake News And Privacy Scandals Could See A Drop In Facebook Profits In Q1
A slew of issues and scandals related to privacy breaches and fake news, many are expecting the largest social media company in the world Facebook to report a rare drop in its profits later in the week. According to the… Read More ›
German prosecutors latch on to bonus payments to suspended VW manager
German regulators are probing why VW made bonus payments to an executive who was suspended following the diesel emission cheating scandal. On Tuesday, in a development that continues to haunt Volkswagen, Europe’s biggest car producer, German prosecutors have begun investigating… Read More ›
Over 900 British Pubs Disappeared In 2018 Due To Crippling Costs
The annual review report by the real estate data company Altus Group has revealed that last year, more than 900 pubs disappeared from Britain because of increase in business rates and intense cost pressures. According to the report, a total… Read More ›
CIA claim of declare Huawei getting funds from PLA is malicious: Chinese Newspaper
The manner in which China’s Huawei Technologies is managed and operated is not known to US authorities and the allegations that this tech giant from China received funds from Chinese security agencies are groundless and morally malicious, said a report… Read More ›
Irish border will significantly impact future trade deals: Democratic Congressman Richard Neal
How will Theresa May keep EU-member Ireland’s border with Northern Ireland open after Brexit without any physical infrastructure on the border between Northern Ireland and Ireland? This question is proving to be the most excruciating issue in Britain’s sour grapes… Read More ›